Axos Financial Inc (AX) — Cash Flow Quality Index
Latest as of March 2026:
0.34x
Axos Financial Inc (AX) has a Cash Flow Quality Index of 0.34x as of March 2026. Operating cash flow of $42.03 Million is below net income of $124.68 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AX cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.34x
Operating CF / Net Income
Operating Cash Flow
$42.03 Million
USD
Net Income
$124.68 Million
USD
Data as of
Mar 2026
Most recent filing
Axos Financial Inc Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Axos Financial Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Axos Financial Inc (AX) cash flow conversion.
Annual Cash Flow Quality Index for Axos Financial Inc (2003–2025)
Year-by-year earnings quality comparison for Axos Financial Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.13x | $490.33 Million | $432.91 Million | ▲ +66.9% |
| 2024 | 0.68x | $305.48 Million | $450.01 Million | ▲ +10.9% |
| 2023 | 0.61x | $187.96 Million | $307.17 Million | ▼ -32.0% |
| 2022 | 0.90x | $216.62 Million | $240.72 Million | ▼ -53.0% |
| 2021 | 1.91x | $412.58 Million | $215.71 Million | ▲ +31.6% |
| 2020 | 1.45x | $266.63 Million | $183.44 Million | ▲ +10.3% |
| 2019 | 1.32x | $204.42 Million | $155.13 Million | ▲ +19.6% |
| 2018 | 1.10x | $167.91 Million | $152.41 Million | ▼ -25.2% |
| 2017 | 1.47x | $198.50 Million | $134.74 Million | ▲ +5.3% |
| 2016 | 1.40x | $166.90 Million | $119.29 Million | ▼ -0.4% |
| 2015 | 1.40x | $116.10 Million | $82.68 Million | ▲ +268.6% |
| 2014 | 0.38x | $21.32 Million | $55.96 Million | ▼ -2.5% |
| 2013 | 0.39x | $15.75 Million | $40.29 Million | ▲ +120.5% |
| 2012 | -1.91x | $-56.27 Million | $29.48 Million | ▼ -1054.7% |
| 2011 | 0.20x | $4.12 Million | $20.58 Million | ▲ +128.2% |
| 2010 | -0.71x | $-15.00 Million | $21.13 Million | ▲ +50.1% |
| 2009 | -1.42x | $-10.16 Million | $7.14 Million | ▼ -163.6% |
| 2008 | 2.24x | $9.38 Million | $4.20 Million | ▲ +306.5% |
| 2007 | 0.55x | $1.83 Million | $3.32 Million | ▼ -28.5% |
| 2006 | 0.77x | $2.51 Million | $3.27 Million | ▼ -49.5% |
| 2005 | 1.52x | $4.38 Million | $2.87 Million | ▼ -42.6% |
| 2004 | 2.66x | $5.78 Million | $2.17 Million | ▲ +567.8% |
| 2003 | -0.57x | $-982.00K | $1.73 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.